Trade and markets
 

Detail

Area
Dominican Republic
Commodity Group
Rice
Commodity
All
Date
01/01/2012
Policy Category
Production
Policy Instrument
Support prices, warehouse receipts
Description
Set producer price floor of US$319–414 (pesos 1 850-–1 950) per tonne, and a ceiling of US$425–446 per tonne (pesos 2 000–-2 100) to apply for 120 kilos of prosequia 4/5 and common varieties, respectively. Approved coverage of 100 000 tonnes of 2011 winter paddy under the national warehouse receipts programme.